Page 7 - Tariffs On News Today

$34 billion in goods are now subject to new charges at the border when they come from china. the administration says its already eyeing more goods to slap tariffs on. here to discuss for what this looks like economically and politically, ceo matthew swift. nice to see you. >> good to see you. leland: this from the kato institute, they wrote trump is treating trade policy as though it were a real estate deal, he says, where the goal is to beat your opponent, step on his throat, and humiliate him....

And those businesses, they think thats helping add some jobs because of the steel and aluminum tariffs in the country. healthcare, 25,000 there. that has been a steady performer for years. there are jobs at hospitals and university hospitals in particular and on health campuses across the country. that has been a case for some time. its a driver in the economy. wages up 2.7%. it defies economic logic you would have more jobs than you have people to fill them. that should mean wages are going up....

On what moves us forward. if he ceases this is not working to our advantage. >> they are already not working to our advantage. farmers across the country are extremely concerned about the soybean crisis. >> by the way, this is on the futures market and it tanked. >> these are on the markets that livelihoods are under market. they dont know what the next six months or year looks like. >> by the way. its not just china but we picked a trade fight about moving production to europe. canada, yesterda...

$3.2 million of goods. harley davidson shares sank more than 5% in morning trading. an outcome of the opposite of what the president predicted last april. >> thank you, harley davidson for building things in america. i think youre going to expand. your business now is doing very well. >> that was february of last year. not last april. josh burros, senior editor at biz insider and msnbc contributor joins me now. heres the impact that the eu tariffs would have on motorcycles. they rise from 6% to ...

>> here are u.s. tariffs. here are canadas tariffs. they are lowest tariffs. >> we have biggest tariffs? >> what does that mean? what does that mean? >> so what youre saying is -- >> we put a higher tariff on things that are imported here than they do on things that are imported there. >> we have more access to them than they have to us. >> for people at home, these are hard numbers. these are government numbers. >> this is from the world bank. >> this is world bank numbers. >> thats a leftest, ...

Snowflake. when you to listen what trudeau trudeau said, he was utterly calm and rational. he said things that he had been saying in the past, which was that unfortunately canada would have to retaliate if the united states places those tariffs on, which they have. to me, im just saying that he went into this meeting without allies and looking like a fragile snowflake, and that is a bad posture to be in. >> rick, let me give you the last word on this. do you believe that the president went up to...

Hes only put on the steel and aluminum tariffs right now. the other tariffs havent taken effect yet. so theres still a chance that this could be negotiated out but right now it doesnt look like hes in a mood do that. >> is that why the market doesnt care? when i look at this and say, hold on a vekd, youve got the president blowing up our relationship with the g7. hes about to sit down for a nuclear summit and the market keeps on chugging along. why is it? at this point are we desensitized becaus...

He put new tariffs on. >> yeah, if you go with the solo cups you will avoid the beer can problem. the most encouraging moment was the president saying we want a free trade zone with our friends in the g-7. no tariffs, no subsidies. you never know if thats his goal. >> you say its a free trade zone. >> the u.s. had been at a disadvantage for decades. >> you are not sure what his goal is. is it to put up more barriers. this was a statement to say no, this was really poignant towards freedom. >> ev...

Property. >> yes. leland: and canada stealing that is news to me. >> in youre in the movie industry, and music industry, and canada into our markets as well. leland: this brings up an important point, because at the same time that youre dealing with our allies in putting tariffs on, whether it be european goods or canadian goods or mexican goods, the president is trying to deal with china. would it be more important to focus on china first before dealing with our friends? >> i think we need to t...

Think that tariffs are something that foreign countries will have to pay to the united states when every economist is trying to tell him they are simply sales taxes that the american consumer, the trump voter will have to pay. >> tariffs are taxes collected at the border, and when you have tariffs on, say, aluminum and steel, what youre doing is cutting the defense budget. that is, you are effectively cutting what the defense budget will buy thats made of aluminum and steel, which is almost ever...